The targeted RON95 subsidy scheme has generated annual savings of between RM2.5 billion and RM4 billion, enabling the government to channel more funds into cash aid, welfare assistance and cost-of-living initiatives,Finance Minister II Datuk Seri Amir Hamzah Azizan said
Finance Minister II Datuk Seri Amir Hamzah Azizan says Malaysia’s targeted RON95 subsidy has already benefitted over 14 million citizens, cut fiscal costs by up to RM4 billion, and sparked debate over OECD calls to phase out fuel aid